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All about dropshipping
Posted by Vihaan Sharma on March 9, 2021 at 9:54 amLet’s talk about dropshipping – communities, methods, best practices and build our online empire!
Kanib Ahmed replied 2 years, 9 months ago 6 Members · 5 Replies -
5 Replies
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Dropshipping is a very effective way of building your e-commerce empire. It helps you with
✅ Low overhead costs
✅ A wider selection of products
✅ Expanded shipping capabilities
✅ Easy to expand and grow
✅ Location independence
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Dropshipping business is great!! Some of the best dropshippig tools I would recommend using are:
- Shopify
- Oberlo
- Woocommerce
- Spocket
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But, sudden stock shortage is the most common problem that sellers have with the drop shippers. If customers suddenly rush for a particular product, the drop shipper may sell out, leaving you in a situation where you have orders to fill but no products.
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Another disadvantage of drop shipping is that you have smaller Profit Margins. Your profit margins are smaller because there’s a middle man.
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The drop shipping process requires that you pay the real cost of picking, packing, and shipping, as well as a large mark-up. In addition, It creates larger customer service issues.
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